Tech Lec Oxford Services Limited

Key Facts

Net Assets

Current: £523

Previous: £211,808

Change: -211,285 (-99.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £228,783

Previous: £402,168

Change: -£173,385 (-43.1%)

Comment: Current assets fell significantly.

Cash

Current: £992

Previous: £7,488

Change: -£6,496 (-86.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £234,260

Previous: £8,138

Change: +£226,122 (+2778.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £5,477

Previous: £174,269

Change: -£168,792 (-96.9%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.